Accsys Technologies (LON:AXS) Stock Crosses Below 200-Day Moving Average – Here’s Why

Accsys Technologies PLC (LON:AXS) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 62.19 and traded as low as GBX 60.20. Accsys Technologies shares last traded at GBX 62, with a volume of 24,211 shares trading hands.

Accsys Technologies Stock Performance

The stock has a fifty day simple moving average of GBX 61.80 and a 200-day simple moving average of GBX 62.20. The stock has a market cap of £150.63 million, a P/E ratio of 62.00 and a beta of 1.25. The company has a debt-to-equity ratio of 60.39, a quick ratio of 0.59 and a current ratio of 1.92.

About Accsys Technologies

Accsys Technologies PLC (Accsys) is transforming the global building materials sector as a market leader in sustainable, high-performance wood. With a purpose-driven commitment to “changing wood to change the world,” Accsys harnesses proprietary acetylation technology to turn fast-growing, certified timber into long-lasting, eco-friendly building materials. Its key flagship products, Accoya® solid wood and Tricoya® wood chips, are supported by 50-year warranties and recognised worldwide for exceptional durability, stability, and sustainability.